Lenox Hill commercial building sells for $7.2M

Glen Roberts through the entity Mepec 132 LLC paid George N. Papagapitos’s 132 East 70Th St. Realty LLC $7.2 million for 132 East 70th Street in Lenox Hill. The deal closed on February 5, 2021 and was recorded on February 19, 2021. The transaction consists of 1 parcel, including the tax class office building with two to six stories (O2)The property is 7,224 square feet. The parcel(s) have total development potential of 7,224 square feet.
The average sale price per square foot is $1,004. The signatory for the buyer was Glen W. Roberts II.

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